Pinnacle Bank - Kernersville NC_Pand te koop
Pinnacle Bank - Kernersville NC_Pand te koop
211 Broad Street, Kernersville, NC, 27284, US

Pinnacle Bank - Kernersville NC

Beschrijving

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 211 Broad Street in Kernersville, North Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±11.8 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.


NC Broker of Record: Pete Pitroff - TN License #: 163984

Limited Nonresident Commercial Real Estate Broker or Salesperson: Alex Sharrin, Alex Geanakos

...

Kenmerken

Vraagprijs
€ 2.773.000
Cap rate
6%
NOI
€ 167.000
WAULT
11.8 jaren
Netto gebouwoppervlakte
613 vierkante meter
Bouwjaar
1997

Media

Investeringskenmerken

  1. Operating on an absolute NNN lease with ±11.8 years of lease term remaining and 1.9% annual rent escalations
  2. Pinnacle Financial Partners is the 2nd largest bank holding company in TN with an investment grade rating (Moody's: Baa2)
  3. Exceptional deposits of $435 million (strongest in Forsyth County)
  4. Strong demand characteristics driven by 5-mile AHHI of $107K
  5. Adjacent to the #8 most visited Walmart location in North Carolina
  6. Signalized intersection, just north of I-40 with 52,500 VPD
Pinnacle Bank - Kernersville NC 4_Pand te koop

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Laatst bijgewerkt
8 dec 2025